Chinese Mint Products

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About Chinese Mint

China is well-known for producing currency coins and releasing the first banknote in the world. The Chinese Mint became truly popular through manufacturing its outstanding commemorative coin collections, highly desired by collectors and investors all over the world. The coins were first struck in 1979 in celebration of the 30th anniversary of the People’s Republic of China’s formation. These commemorative coins inspired the Chinese Mint to produce their impressive Chinese silver coins, as well as their gold equivalents. The most famous sovereign bullion silver and gold coins are the Chinese Silver PandasCertified Silver Pandas, and the Chinese Panda Gold Coins, along with their Chinese Lunar Series.

The History of the Chinese Mint

The Chinese Mint has a tremendous history behind its operating years, being significantly influenced by World War II. When China was released from the Japanese at the end of war in 1945, the nationalist government faced difficulties while regaining control over the nation. At the beginning of the Second Sino-Japanese War and during the World War II, the nationalist government fled to the island of Taiwan. Meanwhile, the revolutionary force against the Japanese occupation was lead by Mao Tse Tung. At the end of the war, both the Bank of China and the Chinese Mint remained as part of the governing party which presently occupies Taiwan , although it is indeed a separate entity of the People’s Republic of China. In order to avoid confusion, the modern Chinese Mint which operates in the People’s Republic of China is called the China Banknote Printing and Minting Corporation.

The Centralized Mint was founded in 1896 under the Qing Dynasty government, however the  first Fengtian Machinery Bureau was opened in the Shenyang Mint. In 1908 the Duzhibu Printing Bureau was established at Beijing’s Banknote Printing Plant. Mao Tse Tung later founded the modern Chinese mint by constructing the Shangjing Mint. These facilities merged over time to form the today’s China Banknote Printing and Minting Corporation, being overseen by the People’s Bank of China and controlled by the People’s Republic of China government. The current operating facilities are located in Shenyang (1896), Shanghai (1920) and Nanjing (1985).

Chinese Mint Products:

The most popular Chinese Coin series is the Chinese Panda, offered in both gold and silver. The first Gold Panda was produced by the Chinese Mint in 1982. Since then, the coin is available  in both bullion and proof versions, and in various size options, from 1/20 oz. up to 12 oz., including the most famous size of 1 oz. The coin is struck of .999 pure gold having a face value of ¥500 for the 1 oz. version. Its silver equivalent, the Chinese Silver Pandas, was introduced in 1983 as a proof version of 1 oz. .900 fine silver. The coins were struck in limited mintage until 1985 and were re released in 1987 with a higher silver content of .925 pure silver. As of 1989, Silver Pandas are also produced in weight options from ¼ oz. up to 1kg, having a face value of ¥100 for the 1 oz. version.

The Chinese Mint has been producing beloved coinage for centuries. Enhance your Precious Metals collection with gold or silver Chinese minted coins from Bullion Exchanges. If you have questions about these coins, we encourage you to contact us by phone at 800.852.6884. You can also connect with our associates by email at info@bullionexchanges.com, or through use of our live chat.